A team of developers has closed on the purchase of a large shopping plaza located at the crossroads of Central Avenue and 34th Street in St. Petersburg’s Union Central District.

St. Pete-based real estate developers Blake Investment Partners and Eastman Equity along with Virginia-based developer Kettler have closed on the Central Plaza Shopping Center at 3365 Central Avenue for $13.3 million.

The three-acre shopping center occupies two city blocks along Central Avenue between 32nd Street and 34th Street. Currently, the retail center has 73,200 leasable square feet and is home to several tenants including a Family Dollar, Hibbett Sports, Citi Trends, and Octapharma.